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Min, a real estate professional, is representing a client who is interested in purchasing a neighbourhood strip mall that is for sale. The client tells

Min, a real estate professional, is representing a client who is interested in purchasing a neighbourhood strip mall that is for sale. The client tells Min he wants to
sell it in 5 years for $2,500,000 and earn an annual return of 10%. To meet the client's investment objectives, what should Min advise the client is the highest
price he should offer to purchase the property?
A) $1,552,303.31
B) $2,398,387.69
C) $1,758,625.02
D) $2,000,186.27
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